Risk Science: What You Need to Read Today
B.C. Earthquake Threatens Vancouver Buildings
The Province
More than once, the city has failed to act on its own recommendations for addressing the seismic dangers of older private buildings
Typhoon in the Philippines Kills 6, Sends Hundreds of Thousands to Emergency Shelters on Christmas
LA Times
The typhoon had sustained winds of up to 74 mph and gusts of up to 111 mph when it blew into the South China Sea.
Chile Jolted by Major 7.6-Magnitude Earthquake
The Guardian
Evacuation order and tsunami watch lifted three hours after the Christmas Day quake struck, allowing 5,000 people to return home.
Control Algorithms Could Keep Sensor-Laden Balloons Afloat in Hurricanes for a Week
Phys.org
Controls engineers at UC San Diego have developed practical strategies for building and coordinating scores of sensor-laden balloons within hurricanes.
Risk Business: What You Need to Read Today
Berkshire Hathaway to Bet on Earthquake Insurance in Japan
Nikkei
Asian unit would act as reinsurer to help stabilize premium fees.
Five Industries Under Threat from Technology
Financial Times (sub may be required))
New technology puts a big chunk of auto insurance premium under threat in a variety of ways.
Hedge Fund Managers See Smooth Sailing
Pensions & Investments
Despite widespread anticipation of large-scale change, there’s an element of back-to-the future for hedge fund managers.
As Many As 13 Foreign Firms, Including Warren Buffet’s, Vying to Enter Indian Reinsurance Sector
Financial Express
The Insurance Regulatory and Development Authority of India is clearing the preliminary approvals including Lloyd’s from London and Warren Buffet’s Gen Re last week
